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Decks in this class (24)
4.1.1 - Globalisation
What is the importance of globali...,
What is globalisation 1,
How much has trade increased 2
21
cards
4.1.2 - Specialisation and trade
What are static gains in trade 1,
What are dynamic gains in trade 2,
What are the reasons for increase...
13
cards
4.1.3 - Pattern of trade
Why do countries trade 1,
How has comparative advantages in...,
How has economies of scale increa...
7
cards
4.1.4 - Terms of trade
What are the terms of trade 1,
What are the calculations for ter...,
What happens to the terms of trad...
13
cards
4.1.5 - Trading blocs and the World trade Organisation (WTO)
What is economic integration 1,
What are the 8 different economic...,
What is a trading bloc 3
15
cards
4.1.5b - International economic bodies
What are the main targets of the ...,
What are the main targets of the ...,
What is the world trade organisat...
7
cards
4.1.6 - The Operation of Global markets
What impact does trade have on do...,
What is the impact on qd and qs w...,
What is the impact on qd and qs w...
10
cards
4.1.6B - Protectionism
What is a tariff 1,
What is a quota 2,
What are subsidies 3
12
cards
4.1.6C - Protectionism
What is a quota 1,
What does the demand and supply d...,
Demonstrate the impact if the gov...
3
cards
4.1.7 - Balance of payments
What is a trade surplus and defic...,
What is the current uk deficit 2,
What are the effects of exports o...
25
cards
4.1.8 - Exchange rates
What is the exchange rate system 1,
What is the effective exchange ra...,
What determines the exchange rate...
41
cards
4.1.9 - International competitiveness
What are the factors influencing ...,
Why is competitiveness important 2,
What is international competitive...
18
cards
4.2.1 - Absolute and relative poverty
What is poverty 1,
What are the main impacts of pove...,
What is absolute poverty 3
8
cards
4.2.2 - Inequality
What the major causes of inequali...,
What are the effects of inequality 2,
What are the 6 pillars of capital...
17
cards
4.3.1 - Measures of development
What is economic development 1,
What is the difference between ec...,
What are the typical characterist...
19
cards
4.3.2 - Factors influencing growth and development
How does primary product dependen...,
How does volatility of commodity ...,
How does the savings gap influenc...
9
cards
4.3.3 - Strategies influencing growth and development
What are the strategies to promot...,
What are some examples of market ...,
What are some examples of govt in...
11
cards
4.4.1 - Role of financial markets
What are financial markets 1,
What are the financial assests ex...,
What are the main benefits of fin...
16
cards
4.4.2 - Market failure in the financial sector
0
cards
4.4.3 - Role of central banks
What is the main role of the cent...,
What does monetary policy involve 2,
What is qe 3
10
cards
4.5.1 - Public expenditure
What is public expenditure 1,
What are the 3 categories of publ...,
Why do we need government spending 3
10
cards
4.5.2 - Taxation
What are the 6 roles for taxation 1,
What are the 2 forms of taxation 2,
What are direct taxes 3
16
cards
4.5.3 - Public sector finances
What is a budget deficit 1,
What is a cyclical deficit 2,
What are the factors influencing ...
7
cards
4.5.4 - Macroeconomic policies in a global context
What are economic shocks 1,
What are the different external s...,
What are the most recent external...
9
cards
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Macroecon y2
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